BVA BDRC has published its quarterly SME Finance Monitor. The largest and most frequent study of its kind in the UK, research have been gathered across 29 waves of interviews since 2011 and are based on more than 140,000 interviews with SMEs.

The data to year ending Q2 2018 data published today provides further updates as negotiations over Brexit continue. The survey has been expanded to provide information on a wider range of financial products, not just loans and overdrafts, but current demand for finance (from any source) remains limited. SMEs expressed a degree of caution due to the future feeling uncertain, and three in ten said their need for finance was reduced by using trade credit and/or holding £10,000 or more in credit balances.